Cryptocurrency Analysis and News Portal
Blockchain analytics firm Elliptic has released new findings that suggest a Russian-linked entity may be behind the high-profile hack of cryptocurrency exchange FTX. The revelation comes as part of an ongoing investigation into the theft of a staggering $477 million in various cryptocurrencies from the exchange. Funds moved during SBF’s court appearance Elliptic’s
Read More
Article 93 of the draft treaty would require all nations that sign the treaty to implement onerous financial surveillance laws for cryptocurrency. Those financial surveillance laws would apply to any organization “engaged in activities related to the circulation of digital financial assets and digital currency,” even if they are nothing
Read More
Other members sanctioned include Maksim Mikhailov, a developer known as “Baget;” Valentin Karyagin, a developer known as “Globus;” Mikhail Iskritskiy, an alleged money launderer for the group known as “Tropa;” Dmitry Pleshevskiy, a coder known as “Iseldor;” Ivan Vakhromeyev, a manger known as “Mushroom;” and Valery Sedleski, an administer known
Read More
The Office of Foreign Asset Control (OFAC) has added three ethereum addresses to its Specially Designated Nationals And Blocked Persons List (SDN). OFAC alleges the ether addresses are controlled by the Lazarus Group, a cybercrime group that is associated with North Korea. Lazarus Group Behind Axie Infinity Heist The U.S. Treasury
Read More
The NewsBTC team interacted with Pasi Koistinen for the first time after he was appointed the CISO of Coinhako. We asked him a few questions about the new role and his views on crypto markets and cybercrime. Here is an excerpt of the interesting interaction that happened recently. Q: Thanks for
Read More
The National Cyber-Forensics and Training Alliance (NCFTA), an American non-profit, onboarded its first crypto firm Binance to aid their ongoing battle against cybercrimes. Founded in 2002, the NCFTA partners with law enforcement and various business and academic entities to source threat intelligence to identify and mitigate cybercrime threats. By partnering with
Read MoreGiving the opening remarks during a U.S. House meeting on illegal digital activities, Representative and subcommittee chair Emanuel Cleaver (D-MO) noted a major jump for online crime in 2020."We are seeing a 75% spike in daily cybercrimes, reported by the FBI since the start of the pandemic,” Cleavor said in
Read More